Marketing Audit

A marketing audit Is a detailed analysis of the elements that constitute or influence a company’s efforts to profitably market its products- today and in future when both market and products may undergo radical change (John, Alexander, & Theodore, 1969). The marketing audit helps to understand the fundamentals of a company’s marketing planning process. Auditing is not only conducted not only at the planning stage and also conducted during various stages until the Implementation of the marketing plan..

Organization The selected organization for the marketing audit is Struck. The audit will review the marketing process of Struck and will provide a report at the end of the course. Marketing Audit Approach This document aims to provide an approach to the marketing audit process and will also detail out the steps that need to be performed to accomplish the same. The final project document will have an executive summary, which provides a summary of the marketing audit purpose, key findings, major highlights, conclusions and recommendations.

This Is a high level summary and can be presented to the company’s top management. It is imperative that the author to ensure the summary as no conflicting information with the detail audit. Company Overview The first step of marketing audit is to understand the company’s vision. Products and marketing strategy. In respect to Struck, the information can be obtained from student info website provided by Struck, and the company Web Site.

Marketing Environment Analysis The next part of Audit process Is to understand the business environmental aspects of the company. As part of the marketing audit project, detailed information will be analyzed and provide information on the following key environmental aspects: BY Et-Antaean What is a marketing audit? A marketing audit is a detailed analysis of the elements that constitute or influence a company’s efforts to profitably market its products- Noon, Alexander, & Theodore, 1969).

The marketing audit helps to understand the until the implementation of the marketing plan.. And recommendations. This is a high level summary and can be presented to the company’s top management. It is imperative that the author to ensure the summary The first step of marketing audit is to understand the company’s vision, products and The next part of Audit process is to understand the business environmental aspects